SIKA SUCCESSFULLY PLACES CHF 500 MILLION BOND
Sika today successfully placed a bond with a total amount of CHF 500 million through a triple tranche. The payment date of the bonds is March 24, 2025. The bonds were placed under the lead management of BNP Paribas, UBS and Zürcher Kantonalbank. They will be listed on the SIX Swiss Exchange.
The net proceeds of the transaction will be used for general corporate purposes, including refinancing of existing financial indebtedness.
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a globally leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protection in the building sector and industrial manufacturing. Sika has subsidiaries in 102 countries around the world and, in over 400 factories, produces innovative technologies for customers worldwide. In doing so, it plays a crucial role in enabling the transformation of the construction and transportation sector toward greater environmental compatibility. With more than 34,000 employees, the company generated sales of CHF 11.76 billion in 2024.
CONTACT
Dominik Slappnig
Corporate Communications &
Investor Relations
+41 58 436 68 21
slappnig.dominik@ch.sika.com
The media release can be downloaded from the following link:
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